Air Transport Aircraft & Propulsion
Jul 27, 2007
Goodrich Corp. signed a new long-term agreement with Boeing under which Goodrich will continue as the exclusive supplier of original equipment and aftermarket landing gear for the 737, 747, 767 and 777 programs through 2012.
Jul 27, 2007
Sterling Airlines announced the delivery of Aviation Partners Boeing blended winglet shipsets for seven 737-700s and one 737-800. It also has options on a further eight and already operates four winglet-equipped -800s.
Jul 26, 2007
Robust sales across its commercial airplane range helped Boeing post a $1.05 billion net profit in the second quarter, a reversal from the year-ago period's loss of $160 million that resulted from one-time charges. The company's backlog rose 27% year-over-year to a record $278.5 billion, with $207.7 billion (up 47% in the past year) coming from the Commercial Airplanes segment. Revenue climbed 14% to $17.03. Operating profit of $1.51 billion compared to a $48 million deficit in the second three months of 2006.
Jul 26, 2007
Bombardier sold four Q400s to Nigeria's Arik Air, which will configure them with 10 business class and 62 economy seats. The aircraft are worth approximately $104 million at list prices. Arik currently operates four CRJ900s and three CRJ200s on seven domestic routes. CEO Michael McTighe said certain routes, especially Lagos-Port Harcourt, cannot be served with jets because of landing strip restrictions.
Jul 25, 2007
BOC Aviation, formerly Singapore Aircraft Leasing Enterprise, selected the CFM56-5B to power seven firm and 10 option A320 family aircraft (ATWOnline, Jan. 9). The engine order is valued at $95 million.
Apr 30, 2014
Embraer posted a first-quarter net profit of $110 million, more than tripling net income of $30 million in the year-ago period, on a 13.8% year-over-year rise in revenue to $1.24 billion.
Apr 30, 2014
GECAS has around 1,620 aircraft, worth $46 billion, in its portfolio; that’s a greater value than the GDP of most countries.
Apr 30, 2014
As commercial aircraft lessors’ influence in the global airline market continues to rise, leasing companies are not being shy about telling Airbus and Boeing what they want and when they want it.
Apr 29, 2014
Russia’s UTair Airline will reconfigure its eight Boeing 767s into a 255-seat, two-class layout comprising 10 in business and 245 in economy.
Apr 28, 2014
Aerial searches for wreckage from the missing Malaysia Airlines Boeing 777-200 will be suspended while the undersea search area will be widened as part of a new phase of the hunt for flight MH370.
Apr 28, 2014
AirAsia X has selected GE Aviation’s CF6-80E1 engines to power its order of 25 Airbus A330-300s, plus three options, in a deal worth $1.5 billion at list prices.
Apr 28, 2014
Chinese startup Qingdao Airlines launched its inaugural flight from Qingdao to Chengdu April 26.
Apr 28, 2014
Where the new Bombardier CSeries and Embraer E2 jets fit in the air transportation business is an open question. Is this new breed of next-generation small airliners considered to be at the top end of the regional jet market or the low end of the mainline narrowbody market, nudging into Airbus A320 and Boeing 737 territory?